Equipment Financing in Kerala — Machinery Loans Guide (2026)

Equipment Financing in Kerala — 2026

Equipment financing allows Kerala businesses to acquire machinery, vehicles, and equipment without blocking working capital. Blueberry FM facilitates equipment loans through 15+ partner lenders.

Types of Equipment Financing

• Equipment Term Loan: Up to 80–90% LTV, 3–7 years, equipment as collateral
• Hire Purchase: Use equipment while paying instalments, ownership transfers at end
• Financial Lease: Lower upfront cost, option to buy at end of lease
• CGTMSE Equipment Loan: Collateral-free up to ₹5 Crores

Eligible Equipment Categories

• Food processing machinery (grinders, dryers, packaging)
• Rubber processing equipment
• Solar installation equipment and inverters
• Construction machinery
• Commercial vehicles and refrigerated trucks
• Medical equipment for clinics
• IT equipment and servers

Interest Rates (2026)

• PSU Banks: 9% – 12% p.a.
• Private Banks: 11% – 15% p.a.
• NBFCs: 14% – 20% p.a.

Eligibility

• Business operational for 1+ years
• Valid business registration and GST
• CIBIL score 650+ preferred
• Equipment quotation from supplier required

Register Your Business First

• Private Limited Company
• Sole Proprietorship
• LLP Registration

Explore Other Loan Types

• Working Capital Loans
• MSME Loans
• Startup Loans
• Loan Against Property